Use the information below to answer questions.

Entrance fees.........................N1200

Subscriptions(including N850 arrears).N4310

Donations received....................N1500

Proceeds from sales...................N2300

Total payments........................N8200

Depreciation..........................N2100

Closing cash balance..................N1110

The club deposited 200% of the closing cash balance in he bank during the period.

Calculate the total figure for the receipt and payments account?

  • A N11 410
  • B N13 630
  • C N9 310
  • D N11 530

The correct answer is D. N11 530

No explanation given
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